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$275,357Estimated home value

Beds
3
Baths
1.0
sq ft
1,200

103 Mercer Dr, Newark, DE 19713

103 Mercer Dr

NEWARK, DE 19713

  • Sold On 10/15/2024
This Adorable Ranch home is located in Brookside Park. Recently updated in 2019! Open floor concept. This home has more than most in the neighborhood. Central Air! Roof approx. 5 years old, screened in porch! A great size fenced CORNER LOT perfect for your next gathering. A large Shed=workshop with electric . There is off street parking and plenty of on street parking surrounding the home. This 3 bedroom one bathroom home has a HUGE eat-in kitchen with beautiful wood cabinetry, granite countertops, and ceramic tile floors. The laundry is situated off the kitchen. The home has new carpets in the bedrooms and recently painted. The owners have maintained their home during their ownership. Located close to shopping, Rt13 and just a short drive to the Delaware beaches.

Details

Property type

Single Family Residence

Est. home value

$275,357

Lot size

8,712 sq ft

Price per sq ft

$263

Year built

1953

Annual property taxes

$1,694

HOA

No

Price History

10/15/2024
Bright

Bright #DENC2067514

Sold
$310,000
-1.59%
09/14/2024
Bright

Bright #DENC2067514

Pending
$315,000
09/06/2024
Bright

Bright #DENC2067514

Listed
$315,000
+75%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

CHRISTINA

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$130,857
Asking price
$315,000
Closing costs (~8% of asking)
-$25,200
Est. remaining loan balance
-$158,943
Cash to seller
$130,857

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Guaranteed Rate Inc

Loan start date

April 2019

Original loan amount

$176,739

Est. remaining balance

$158,943

Interest rate

4.35%

Loan type

FHA, 30 year

Seller

Christopher Lafferty and Ashlea Smith

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Off Market

Tomo last checked: 11/03/2024 at 8:40 AM

Listing updated: 10/15/2024 at 9:49 PM

Listed by: Nancy M Good, RE/MAX Point Realty Phone #: (302) 426-2211

MLS: Bright #DENC2067514

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